The Finance Algorithm
§ Tool · tier 1 · independent

TPD Insurance Calculator.

Calculate Total & Permanent Disability insurance needs. See how much TPD cover protects you if you can never work again due to illness or injury.

CalculatorFree, no signupOn-deviceupd May 2026
Inputs
Your numbers
$
$110k

Your current gross annual income

25y

How many working years you have left

$
$500k

Mortgage, car loans, personal loans, credit cards

$
$100k

Check your super statement for default TPD cover

$
$20k

Rehabilitation, home modifications, care assistance

'Own occupation' is broader and easier to claim but costs more

35

Affects premium and cover calculations

Math updates live as you change inputs · AI runs on submit

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Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.

Total & Permanent Disability (TPD) insurance pays a lump sum if you become permanently unable to work due to illness or injury. Unlike income protection (which pays monthly until you recover), TPD is for worst-case scenarios — a spinal injury, severe stroke, or degenerative condition that ends your career permanently. The lump sum covers debt repayment, medical expenses, home modifications, and ongoing living costs. Most super funds include basic TPD, but it's often insufficient and uses the restrictive 'any occupation' definition.

§ Worked examples

Real-world scenarios

Surgeon with Own Occupation TPD

Dr. Chen, 42, earns $350,000. A hand tremor develops making surgery impossible.

Under 'own occupation': Dr. Chen can claim — she can't perform surgery. Under 'any occupation': claim likely DENIED — she could work as a consultant, lecturer, or GP. This illustrates why 'own occupation' is critical for specialists.

Tradesperson with Family

Dave, 38, earns $90,000. Mortgage: $400,000. Two kids. Has $150,000 TPD in super.

Recommended TPD: debts ($400,000) + income replacement ($90,000 × 22 years discounted ≈ $1,200,000) + medical ($20,000 × 22 = $440,000) = $2,040,000. Existing: $150,000. Gap: $1,890,000. Even a $1M policy would transform his family's situation.

§ FAQ

Questions Australians ask

§ Glossary

Plain-English definitions

TPD (Total & Permanent Disability)
Insurance that pays a lump sum if you become permanently unable to work due to illness or injury.
Own Occupation
TPD definition where you're covered if you can never return to YOUR specific occupation. Broader, easier to claim.
Any Occupation
TPD definition where you're only covered if you can never do ANY job suited to your education/experience. Much harder to claim.